Medical Properties Trust (Medical Properties Trust) Asset Turnover

: -0.01 (As of Dec. 2023)

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Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Medical Properties Trust's Revenue for the three months ended in Dec. 2023 was $-122.4 Mil. Medical Properties Trust's Total Assets for the quarter that ended in Dec. 2023 was $18,654.9 Mil. Therefore, Medical Properties Trust's Asset Turnover for the quarter that ended in Dec. 2023 was -0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Medical Properties Trust's annualized ROE % for the quarter that ended in Dec. 2023 was -33.37%. It is also linked to ROA % through Du Pont Formula. Medical Properties Trust's annualized ROA % for the quarter that ended in Dec. 2023 was -14.24%.

Medical Properties Trust Asset Turnover Historical Data

The historical data trend for Medical Properties Trust's Asset Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Medical Properties Trust Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Asset Turnover

0.07

0.08

0.05

Medical Properties Trust Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Asset Turnover																0.02	0.02	0.02	0.02	-0.01

Competitive Comparison

For the REIT - Healthcare Facilities subindustry, Medical Properties Trust's Asset Turnover, along with its competitors' market caps and Asset Turnover data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Medical Properties Trust Asset Turnover Distribution

For the REITs industry and Real Estate sector, Medical Properties Trust's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Medical Properties Trust's Asset Turnover falls into.

Medical Properties Trust Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Medical Properties Trust's Asset Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (A: Dec. 2023 )	/	( (Total Assets (A: Dec. 2022 )	+	Total Assets (A: Dec. 2023 ))	/ count )
=	871.799	/	( (19658	+	18304.844)	/ 2 )
=	871.799	/	18981.422
=	0.05

Medical Properties Trust's Asset Turnover for the quarter that ended in Dec. 2023 is calculated as

	Asset Turnover
=	Revenue	/	Average Total Assets
=	Revenue (Q: Dec. 2023 )	/	( (Total Assets (Q: Sep. 2023 )	+	Total Assets (Q: Dec. 2023 ))	/ count )
=	-122.383	/	( (19004.882	+	18304.844)	/ 2 )
=	-122.383	/	18654.863
=	-0.01

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.

Medical Properties Trust (NYSE:MPW) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Medical Properties Trust's annulized ROE % for the quarter that ended in Dec. 2023 is

	ROE %^**		(Q: Dec. 2023 )
=	Net Income	/	Total Stockholders Equity
=	-2655.772	/	7958.065
=	(Net Income / Revenue)	*	(Revenue / Total Assets)	*	(Total Assets / Total Stockholders Equity)
=	(-2655.772 / -489.532)	*	(-489.532 / 18654.863)	*	(18654.863/ 7958.065)
=	Net Margin %	*	Asset Turnover	*	Equity Multiplier
=	542.51 %	*	-0.0262	*	2.3441
=	ROA %	*	Equity Multiplier
=	-14.24 %	*	2.3441
=	-33.37 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

^** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Medical Properties Trust's annulized ROA % for the quarter that ended in Dec. 2023 is

	ROA %		(Q: Dec. 2023 )
=	Net Income	/	Total Assets
=	-2655.772	/	18654.863
=	(Net Income / Revenue)	*	(Revenue / Total Assets)
=	(-2655.772 / -489.532)	*	(-489.532 / 18654.863)
=	Net Margin %	*	Asset Turnover
=	542.51 %	*	-0.0262
=	-14.24 %

Note: The Net Income data used here is four times the quarterly (Dec. 2023) net income data. The Revenue data used here is four times the quarterly (Dec. 2023) revenue data.

Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.

Medical Properties Trust Asset Turnover Related Terms

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Medical Properties Trust (Medical Properties Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Medical Properties Trust Inc (NYSE:MPW) » Definitions » Asset Turnover

Comparable Companies

Traded in Other Exchanges

MPW:Mexico M3P:Germany M3P:Germany M2PW34:Brazil

Address

1000 Urban Center Drive, Suite 501, Birmingham, AL, USA, 35242

Website

https://www.medicalpropertiestrust.com

Medical Properties Trust Inc is a healthcare facility REIT. The company operates one segment, which owns and leases healthcare facilities. The vast majority of Medical's revenue is generated in the United States, followed by Germany and the United Kingdom. The company considers merger and acquisition investment as a component of its operational growth strategy. It provides financing for a variety of facilities that require funds for acquisitions, sale-leasebacks, new developments, and expansion projects.

Executives

Aldag Edward K Jr	director, officer: Chairman, President & CEO	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
R Steven Hamner	director, officer: Executive Vice President & CFO
Larry H Portal	officer: SVP, Senior Advisor to the CEO	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Rosa Handley Hooper	officer: SVP of Operations & Asst. Sec.	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
James Kevin Hanna	officer: Senior VP, Controller & CAO	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Michael G Stewart	officer: Exec. VP, Gen Counsel, Sec	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Emily Webster Murphy	director	601 N FAIRFAX ST, ALEXANDRIA VA 22314
Emmett E Mclean	officer: EVP, Secretary, and COO	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Caterina Ardon Mozingo	director	PO BOX 33, MONTGOMERY AL 36101-0033
G Steven Dawson	director	CIRA CENTRE, 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Elizabeth N Pitman	director	1901 SIXTH AVE NORTH, SUITE 1400, BIRMINGHAM AL 35203
William G Mckenzie	director, officer: Vice Chairman of the Board	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242
Thompson C Reynolds Iii	director	227 WEST TRADE STREET, SUITE 900, CHARLOTTE NC 28202
Sherry A Kellett	director
Daniel Paul Sparks	director	1000 URBAN CENTER DRIVE, SUITE 501, BIRMINGHAM AL 35242